Day: February 23, 2024

Maritime Security: USCG to Work with NIMASA on Removal of COE

The United States Coast Guard USCG, has offered Nigeria a three-year plan to work with the Nigerian Maritime Administration and Safety Agency, NIMASA for the removal of the Condition of Entry (CoE), placed on American-bound vessels from Nigeria.

Cdr. Juliet Hudson at the USCG headquarters in Washington DC disclosed this during a peer review visit by a delegation from NIMASA. Hudson announced a bi-annual assessment of compliance level with ISPS implementation at Nigerian Ports working with NIMASA.… Read the rest

$800m needed for rehabilitation of Nigerian ports almost ready – FG

The minister said the blue economy had always been there, but not as structured as to generate the kind of revenue a maritime nation like Nigeria should be earning.

The Minister of Marine and Blue Economy, Adegboyega Oyetola, said this at the inauguration of seven patrol boats by the Nigerian Ports Authority (NPA) in Lagos on Thursday.… Read the rest

FG bans cooking gas export to crash price

The Federal Government has banned the exportation of Liquefied Petroleum Gas, popularly called cooking gas, in a bid to increase its volume domestically to warrant a crash in price.

It stated on Thursday that LPG producers in Nigeria and key stakeholders in the industry had been told to stop exporting the commodity out of Nigeria, following the recent jump in the cost of cooking gas.… Read the rest